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attributed to service-sector wages, consistent with a dominant role of the retail distribution margin. Second, at the level of … individual goods and services, the average contribution of service-sector wages is significantly reduced, one-third as large (31 … consistent with the notion that baby-sitting services and haircuts embody local wages to a far greater extent than highly traded …
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attributed to service-sector wages, consistent with a dominant role of the retail distribution margin. Second, at the level of … individual goods and services, the average contribution of service-sector wages is significantly reduced, one-third as large (31 … consistent with the notion that baby-sitting services and haircuts embody local wages to a far greater extent than highly traded …
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